The risk of short-term high electricity prices this coming winter is at least as great as last year, said Marko Allikson, a member of the management board of Baltic Energy Partners. Marko Allikson said on the talk show “Esimene stuudio” that forecasts indicate average electricity prices this coming winter willContinue Reading
Sweden has officially decided to join the European Long Range Strike Approach (ELSA) initiative. The announcement was made following a recent meeting of NATO defence ministers, during which Swedish Defense Minister Pål Jonson signed a letter of intent formalizing Sweden’s participation in the European missile development project. “The war inContinue Reading
Norway and Germany have proposed the creation of Critical Undersea Infrastructure (CUI) Hubs to bolster NATO’s role in safeguarding vital energy and communication infrastructure across Europe’s maritime areas. The two nations suggested establishing CUI Hubs in five maritime regions: the Baltic Sea, North Sea, Atlantic, Mediterranean Sea, and Black Sea.Continue Reading
Trump and the Biden White House both say the United States should have a sovereign wealth fund. Norway, home to the world’s largest, may offer a few lessons. The Trump campaign and the Biden administration do not often agree, but they do appear to have at least one new areaContinue Reading
In recent weeks, the international community has witnessed two seemingly unrelated events that, upon closer examination, reveal a complex interplay of geopolitics and ocean governance. On one side, there have been discussions within Russia about potentially withdrawing from the United Nations Convention on the Law of the Sea (UNCLOS), andContinue Reading